# Partly owned venture accounts for over a third of Alphabet's cloud backlog growth

_Published Thursday, October 29, 2026 at 3:32 PM EDT · Products · Latest · Tier 2 — Notable_

More than a third of Alphabet's quarterly cloud backlog growth comes from a joint venture it partly owns, Bloomberg reports. Alphabet has pointed to growth in that backlog-cloud contracts it has yet to fulfill-as evidence of rapidly increasing demand for its cloud services.

## Sources

- [Bloomberg Technology](https://www.bloomberg.com/news/articles/2026-10-29/alphabet-s-ai-risk-extends-beyond-1-trillion-filing-shows)

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Canonical: https://techandbusiness.org/newswire/XXPaIrg5iyNi-wgobPgPxc
Published: 2026-10-29T19:32:23.758Z
Story chronology: 2026-10-29T15:45:47.000Z
Retrieved: 2026-10-29T22:43:39.865Z
Publisher: Tech & Business (techandbusiness.org)